NAGPUR: Maharashtra Deputy Chief Minister Eknath Shinde on Saturday announced in the Legislative Council that the rates fixed by the state-run City and Industrial Development Corporation (CIDCO) for various categories of houses in Navi Mumbai are being reduced by 10 percent. With this decision, CIDCO houses will now be available at lower prices, making home ownership more accessible and bringing relief to common citizens aspiring to buy houses in the Navi Mumbai region. In his statement, Eknath Shinde said that CIDCO has constructed around 17,000 houses across several nodes of Navi Mumbai, including Kharghar, Vashi, Kharkopar, Taloja, Ulve, Kalamboli, Kamothe and Panvel. He informed the House that the lottery process for allotment of these houses will be completed within the next two months. Shinde said the decision to reduce housing prices was taken with the objective of easing the financial burden on buyers and ensuring wider access to affordable housing.
The Deputy Chief Minister clarified that the 10 percent reduction in prices will apply specifically to houses under the Economically Weaker Section (EWS) and Low Income Group (LIG) categories. He said the move aligns with Prime Minister Narendra Modi’s vision of “Housing for All” and will help common citizens secure quality housing at affordable rates. He said the government has also adopted a policy to provide housing to economically weaker and needy sections such as mill workers, dabbawalas and Mathadis. To ensure timely housing for all these groups, a substantial housing stock is required at the state level, and decisions have been taken accordingly. (IANS)
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